Settings8H · net · $10k
Funding arb · Price arb /

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against Phemex+0.041%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1781.776% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.061%−$6 on $10k
Price spread, last 3 days (all we have)−0.097%−$10 · spread now +0.041%, 7d avg +0.038%
Together, before fees−0.157%−$16 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex GRAMUSDT1.44900.0100pay 0.0050% / 4h38m 30s$1.6M$1.7M20x
ShortKuCoin GRAMUSDTM1.44960.0100get 0.0050% / 4h38m 30s$8.9M$10.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Phemex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.041% → +0.038%
$0.32
Slippage, 4 orders
−$153.56
Fee Phemex: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$177.24
Costs to cover
1.776%
Break-even
never at this rate
Slippage from Phemex: live order book, 5 min ago; KuCoin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 5 min ago10.33 bp67.0 bp −$67doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago0.34 bp13.1 bp −$1347.2 bp −$472doesn't fitdoesn't fit

GRAM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GRAM/USDC PERP+0.0033%1h1.44900.000%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4490−0.001%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4508+0.124%$35.7M$7.0M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4494+0.026%$20.5M$26.8M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4497+0.048%$30.7M$13.9M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.44900.000%$8.6M$8.5M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4497+0.048%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.44900.000%$15.4M$2.7M20xas long as short
KuCoin GRAMUSDTMshort+0.0100%4h1.4496+0.041%$8.9M$10.9M50x
Bitget GRAMUSDT+0.0100%4h1.4493+0.021%$7.1M$3.9M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4491+0.007%$43K$15K10xas long as short
edgeX GRAMUSDC+0.0100%4h1.4492+0.013%$17K$271K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.44900.000%$13K$591K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.44900.000%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4517+0.186%$7K$591K10xas long as short
Phemex GRAMUSDTlong+0.0100%4h1.4490long leg$1.6M$1.7M20x
Extended GRAM-USD+0.0104%1h1.4494+0.027%$169K$123K5xas long as short
Aster GRAMUSDT+0.0154%4h1.4518+0.193%$966K$99K50xas long as short
HTX GRAM-USDT+0.0287%4h1.4546+0.386%$336K$628K30xas long as short
BloFin GRAM-USDT+0.0340%4h1.4500+0.069%$1.4M$216K50xas long as short
Lighter GRAM+0.0824%1h1.4525+0.239%$2.7M$2.3M20xas long as short